Marketmind: The UK consumer is feeling the heat
A look at the day ahead in European and global markets from Vidya Ranganathan It’s not just the heatwave. UK…
Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG (Reuters) – Hong Kong interbank rates rose across all tenors on Friday, with the overnight…
Mexico, EU leaders pledge quick trade deal update, says Mexican president
MEXICO CITY (Reuters) -Mexico and the European Union agreed to quickly finalize an updated free trade deal, Mexican President Andres…
U.S. nuclear-powered submarine arrives at South Korea’s Busan port
SEOUL (Reuters) – A U.S. nuclear-powered submarine has arrived at a port in the South Korean city of Busan, the…
South Korea recovers part of rocket used in North’s failed satellite launch
By Soo-hyang Choi and Hyonhee Shin SEOUL (Reuters) – South Korea has recovered from the sea part of a rocket…
BlackRock files for bitcoin ETF in push into crypto
(Reuters) -BlackRock, the world’s biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors…
Nikola founder urges vote against critical share proposal
By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder, Trevor Milton, on Thursday urged investors to vote…
China encourages private firms to participate in key supply chain projects
BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific…
China’s Xpeng expands self-driving capability to Beijing, eyes wider expansion
HONG KONG (Reuters) – Chinese electric vehicle maker Xpeng Inc on Thursday expanded its self-driving capability to Beijing as part…
Chinese e-commerce giants entice cautious consumers with steep mid-year discounts
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major…